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Star Diamond Corp T.DIAM

Alternate Symbol(s):  SHGDF

Star Diamond Corporation is a Canada-based company engaged in the acquisition, exploration and development of mineral properties. Its primary asset is its 100% interest in the Fort a la Corne property, which is located in central Saskatchewan. Its Fort a La Corne Diamond Project includes Star and Orion South Kimberlites. These kimberlites are in close proximity to established infrastructure, including paved highways and the electrical power grid. The Star-Orion South Diamond Project is located within the Fort a la Corne diamond district of central Saskatchewan, Canada. These Fort a la Corne mineral dispositions are located in the Fort a la Corne Provincial Forest, approximately 60 kilometers (km) east of Prince Albert, Saskatchewan. It also holds a 100% interest in the Buffalo Hills Diamond Project, located approximately 400 kilometers northwest of Edmonton, Alberta, Canada. The property covers a total of 21 mineral leases covering an area of approximately 4,800 hectares (ha).


TSX:DIAM - Post by User

Bullboard Posts
Comment by jeskon Jun 11, 2006 12:40am
286 Views
Post# 10973506

RE: Some thoughts on a rainy day...alois12

RE: Some thoughts on a rainy day...alois12My sentiments exactly, alois12. I keep hearing people say, "I should have sold at $8.30 and bought back now." That's so easy to say in hindsight, but how many SGF investors had any inclination of selling at $8.30 when the stock was rapidly rising and several analysts had just predicted prices would be well over $10.00 in the near term? And if someone actually did have the foresight to sell on that pop with the idea of buying back at a lower price, how long would they have waited? Would they have waited a year, through all those super duper dips? Doubtful again. As for me, you said it perfectly: "Maybe because they estimate the true value of the resource at closer to $25 per share and don't care to be caught without shares when the market finally wakes up to its true value."
Bullboard Posts